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Dec 22, 2012
12/12
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to have another nominee, perhaps the president's preferred candidate for the pentagon, secretary of defense, premptively challenged is remarkable and extraordinary. one other point that needs to be made regardless of who becomes secretary of defense, barack obama is most withholding president since richard nixon. there's no question about that. all power on the consequential issues of war and peace, afghanistan, iraq, the war on terror, big think strategy in iran, the israeli palestinian peace process, during his first term came in and out of the white house. secretary clinton, we'll never know whether she could be a consequential great secretary of state because the presidential essentially dominates. he does not delegate. and the reality is both at state and defense, the interesting question will be it seems to me on whether or not in the second term the president will allow his national security team to actually help shape the policy that the president validates and authorizes. >> that is a very interesting point. i had not heard that before. i have heard other things that make me think
to have another nominee, perhaps the president's preferred candidate for the pentagon, secretary of defense, premptively challenged is remarkable and extraordinary. one other point that needs to be made regardless of who becomes secretary of defense, barack obama is most withholding president since richard nixon. there's no question about that. all power on the consequential issues of war and peace, afghanistan, iraq, the war on terror, big think strategy in iran, the israeli palestinian peace...
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Dec 28, 2012
12/12
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WBAL
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the same, i think, except for those with need-to-know in the pentagon and cia and certainly the white house. so i just felt a personal responsibility to keep it close, but that meant that i was basically, you know, having to consult with myself, to be honest. >> keeping this secret also meant going on about the business of presidency, touring that awful storm damage in alabama while knowing at athat very moment u.s. navy s.e.a.l.s were already the on the move halfway around the world. you had to go to tuscaloosa? >> yes. >> you had to go have fun at the correspondents dinner? >> yes. >> seth meyers makes a joke about osama bin laden. >> did you know that every day from 4:00 to 5:00 he hosts a show on c-span? >> how do you keep an even keel, even when we look back on the videotape of that night, there's no real depiction there's something afoot? >> you know, when i go down to tuscaloosa, i'm very much present there, because the tragedy and the devastation that had happened to the folks there, i think, consumed all my attention. so that wasn't difficult to focus on. the correspondents d
the same, i think, except for those with need-to-know in the pentagon and cia and certainly the white house. so i just felt a personal responsibility to keep it close, but that meant that i was basically, you know, having to consult with myself, to be honest. >> keeping this secret also meant going on about the business of presidency, touring that awful storm damage in alabama while knowing at athat very moment u.s. navy s.e.a.l.s were already the on the move halfway around the world. you...
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Dec 28, 2012
12/12
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it is a very rare thing for the president to call over to the pentagon and have to say, what is going on? >> and i'm curious about that. how did that even get on the president's desk? how did he get involved in a day care situation on a military base? >> this is mid-december and this is when the country's focus was on child safety after the massacre and the tragedy in newtown, connecticut. the secretary of defense leon panetta finds out about all this because finally army leaders know the facts and are able to tell him. e he take s it to the president. but it's between late september and mid-december that they keep investigating the other workers here and find those background check problems and they are not dismissed from their jobs between september and mid-december. this goes on and on and on. all of this now the subject of a complete army investigation. >> barbara starr, we're glad you're looking into it. you can watch barbara's entire report tonight at 7:00 p.m. eastern. barbara, thank you. >>> former president george h.w. bush may be battling a fever, but he's certainly showing
it is a very rare thing for the president to call over to the pentagon and have to say, what is going on? >> and i'm curious about that. how did that even get on the president's desk? how did he get involved in a day care situation on a military base? >> this is mid-december and this is when the country's focus was on child safety after the massacre and the tragedy in newtown, connecticut. the secretary of defense leon panetta finds out about all this because finally army leaders...
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Dec 29, 2012
12/12
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FOXNEWSW
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mandatory spending cuts putting pressure on the pentagon. can it still do the job of protecting america if a zeal not reached in washington? >> gregg: just days after a major storm, a nay one is following right on its heels. we're tracking the latest. >> and reading, writing and guns new push to protect our kids in schools after the sandy hook tragedy. >> it is legal in utah. >> i actually brought a holster but nobody would know i could easily git get it and stays on me all day. card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. what's in your wallet? vision expanding to a 5-inch 1080p hd display and camera. touch acquiring nfc. hearing
mandatory spending cuts putting pressure on the pentagon. can it still do the job of protecting america if a zeal not reached in washington? >> gregg: just days after a major storm, a nay one is following right on its heels. we're tracking the latest. >> and reading, writing and guns new push to protect our kids in schools after the sandy hook tragedy. >> it is legal in utah. >> i actually brought a holster but nobody would know i could easily git get it and stays on me...
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Dec 24, 2012
12/12
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CNNW
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. >> in other news the pentagon says joe w. price, leader of s.e.a.l. team 4 was found dead yesterday. the initial conclusion is he committed suicide. the navy is investigating now. >>> hours ago in hawaii senator daniel inouye was laid to rest. he represented hawaii in washington for five decades since hawaii became a state in 1959. the 88-year-old senator was a war hero. he lost his arm. president obama attended the funeral. the president said he was his political inspiration. those are your headlines. i'm don lemon. >>> it was one of the most important diplomatic missions in history. also one of the most clandestine and risky. four decades ago, henry kissinger, then president nixon's national security advise secretly flew to china, beginning a string of meetings that would eventually open that isolated eastern nation to the western world. that opening checked soviet expansionism and in a sense was the beginning of the end of the cold war. >> this was the week that changed the world. >> it was also the beginning of china's entry into the world economy
. >> in other news the pentagon says joe w. price, leader of s.e.a.l. team 4 was found dead yesterday. the initial conclusion is he committed suicide. the navy is investigating now. >>> hours ago in hawaii senator daniel inouye was laid to rest. he represented hawaii in washington for five decades since hawaii became a state in 1959. the 88-year-old senator was a war hero. he lost his arm. president obama attended the funeral. the president said he was his political inspiration....
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Dec 22, 2012
12/12
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CSPAN
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i do not think so. >> the pentagon -- why hasn't the pentagon taken any steps since this book went on sale in september? >> you know, i think the seals have a commitment. a they're going to write book, they need to pass it by the pentagon. they did not do that. that violates an oath that they took when they became seals. as for the other author, i'm not sure what that was. >> israeli leaders said they may act against iran if they feel like a nuclear program has gone too far. is the u.s. willing to use a financial lever to prevent a unilateral strike? >> one thing that the u.s. and israel have kind to an agreement on is a goal in regards to iran. neither country wants iran to develop a nuclear weapon. the united states has made that clear. israel has made that clear. we continue to put pressure on iran. we continue to put diplomatic sanctions on iran and penalize its efforts to develop a nuclear capability. they and the result of that is to push them to the negotiation table and try to solve issues diplomatically. war ought to be the last option and not the first. we should exhaust eve
i do not think so. >> the pentagon -- why hasn't the pentagon taken any steps since this book went on sale in september? >> you know, i think the seals have a commitment. a they're going to write book, they need to pass it by the pentagon. they did not do that. that violates an oath that they took when they became seals. as for the other author, i'm not sure what that was. >> israeli leaders said they may act against iran if they feel like a nuclear program has gone too far....
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Dec 30, 2012
12/12
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FOXNEWSW
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if you ask liberal people they say yes cut the pentagon deeply. conservative people say cut welfare programs deeply. they both agree that cuts are the way to go but wouldn't agree on what what to cut. republican ares talk about the need to reduce spending they are necessarily talking about things that people don't want to hear about. medicare and sociali car and security and it gives them an opportunity to play the scare game. >> shannon: if democrats get more is spending and more revenue which it seems they will get that eventually then people were asked in the fox news polling again where do you think the dollars going to go, all the extra money. 53% say more spending. only 36% say it is actually going to do anything to decrease the deficit. how are the two parties going to answer for that when it comes to fruition? >> they won't. remember this. just go in the way back machine and think about after the election the republicans came back to washington and said we want to give you more you call it in washington you call it revenue when you are inc
if you ask liberal people they say yes cut the pentagon deeply. conservative people say cut welfare programs deeply. they both agree that cuts are the way to go but wouldn't agree on what what to cut. republican ares talk about the need to reduce spending they are necessarily talking about things that people don't want to hear about. medicare and sociali car and security and it gives them an opportunity to play the scare game. >> shannon: if democrats get more is spending and more revenue...
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Dec 25, 2012
12/12
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FBC
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bothers me is that there are, this idea that we'll have a quadrennial review, a 4-year plan just like the pentagon. i don't know that is the best model to work on. gerri: i have to ask you about bp today. >> sure. gerri: because there's big news coming from bp. the federal government says you're disqualified from winning new contracts. here's bp statement. suspension that is due to bp's lack of business integrity as dep straighted by the company's conduct with regard to the deepwater horizon blowout explosion, oil spill and response. now the stock did not really get hit today. what is your estimate what this means? >> i think it will be a temporary move. i think the obama administration again is wanting to show, hold up bp, that we're punishing them. this is enormous company. it is one of the biggest oil and gas producers in the u.s.. gerri: doesn't it matter if it loses contracts from the u.s.? >> they have a lot of contracts already. so those contracts don't go away. there is enonly on new contracts. it is important but i think it is a temporary deal. gerri: robert, you must come back and sit on
bothers me is that there are, this idea that we'll have a quadrennial review, a 4-year plan just like the pentagon. i don't know that is the best model to work on. gerri: i have to ask you about bp today. >> sure. gerri: because there's big news coming from bp. the federal government says you're disqualified from winning new contracts. here's bp statement. suspension that is due to bp's lack of business integrity as dep straighted by the company's conduct with regard to the deepwater...
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Dec 28, 2012
12/12
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CSPAN
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the pay for pentagon officials is not going to be cut. if this drags on into march or april, they will have to do furloughs, is essentially giving people vacations. host: the headline from "the wall street journal." is that one way to do that? guest: that is a painful way to do that. when people do not have money to spend, the economy is not going to grow. if this goes on for a couple of days and the stock market falls dramatically, congress and the white house may be able to avoid some of the long-term consequences. if everybody digs end, more disasters things could take hold. host: the president, vice president, speaker of the house, democratic leader of the house, will be meeting today. from the reporting you have done, what will be happening? guest: they could sit down and cut a deal in five minutes. they know all the issues. they know where their parties are. they could sit down in five minutes, shaking hands, and cut a deal. i do not think that will happen. o no dwant to be seen as the party that is caving in. i think they will say,
the pay for pentagon officials is not going to be cut. if this drags on into march or april, they will have to do furloughs, is essentially giving people vacations. host: the headline from "the wall street journal." is that one way to do that? guest: that is a painful way to do that. when people do not have money to spend, the economy is not going to grow. if this goes on for a couple of days and the stock market falls dramatically, congress and the white house may be able to avoid...
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had added eight billion and programs that the pentagon did not need or want which would cost seventy four b. and over a ten year period now proportionally that's not extremely high when you're talking about cuts of fifty four b. but nor is it ends and if it can and it prevents the pentagon from prioritizing to maximize the effectiveness of defense dollars for security i think it was a nine hundred fifty. they have a speech to the american association of newspaper editors that sometimes referred to as the cross of iron speech where he talked about you know one bomber equals fifty four thousand barrels of we didn't you know every plane made as a signifies a theft essentially from the hungry but the larger point that he was making was that if you build a weapon of war and a bomb for example and you drop it on somebody that money is just gone whereas if you build a hospital or a school for the same cost it continues to generate revenue for generations and so while we certainly need a military and we should have a smart military. just using the military as a jobs program seems like about
had added eight billion and programs that the pentagon did not need or want which would cost seventy four b. and over a ten year period now proportionally that's not extremely high when you're talking about cuts of fifty four b. but nor is it ends and if it can and it prevents the pentagon from prioritizing to maximize the effectiveness of defense dollars for security i think it was a nine hundred fifty. they have a speech to the american association of newspaper editors that sometimes referred...
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Dec 30, 2012
12/12
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CSPAN2
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we had was within the pentagon. you would think that if you're sending more troops to afghanistan, those troops would go to places that were most critical, the places that the taliban were seeking to take over, the places that were most at risk, potentially a takeover of the country. instead, we wound up sending the first wave of new forces took part of the country with relatively few people. and i discovered the answer was simply tribal rivalries. not in afghanistan but in the pentagon. it turned out that the first wave of troops were u.s. marines. they wanted to bring their own helicopters, the own logistics. so they did was to work with u.s. army soldiers in the areas in and around the city of kandahar. it was this tale of our own services fighting with each other instead of fighting in common purpose against the enemy. and the stories go on. there was into fighting then the state department, within the u.s. agency for international development. and one other tale, i recount in some detail in the book, we had som
we had was within the pentagon. you would think that if you're sending more troops to afghanistan, those troops would go to places that were most critical, the places that the taliban were seeking to take over, the places that were most at risk, potentially a takeover of the country. instead, we wound up sending the first wave of new forces took part of the country with relatively few people. and i discovered the answer was simply tribal rivalries. not in afghanistan but in the pentagon. it...
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cut to the pentagon's already requested six hundred. twenty. welcome to have thank you sir pleased to be here thank you what impact first of all will the sequester ration part of the the the automatic defense cuts that were written in back last year when they couldn't work out a deal away have if they were going to effect well it would be a fairly significant impact not so much because of the magnitude of the cuts over a ten year period as it is you have to cut fifty four point seven billion in the nine months remaining in this fiscal year across the board in all the programs without the ability to prioritize that so sounds like a mess it is a mess and also you cannot cut any funds from obligated money that is money that has already been contracted with someone to purchase something and in addition military personnel are exempt so what's left you have to take a big swac out of it well personnel is about a third of the total pentagon. and it but it includes all other sensible cold operations operations but that has to do with all the money to ma
cut to the pentagon's already requested six hundred. twenty. welcome to have thank you sir pleased to be here thank you what impact first of all will the sequester ration part of the the the automatic defense cuts that were written in back last year when they couldn't work out a deal away have if they were going to effect well it would be a fairly significant impact not so much because of the magnitude of the cuts over a ten year period as it is you have to cut fifty four point seven billion in...
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Dec 26, 2012
12/12
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FBC
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on the war but doing so as we do in washington from the comfort of the north lawn reporting on the pentagon and the white house and the troops upsurge numbers and how this became a project that's really became attached to. lou: you focus on this particular battle, you talk with nearly 225 individuals. how long did that take? >> they range from generals, private, widows, couple insurgents, one of whom i interviewed by skype. it was a big project that every time i thought i wasev done, tak to smitty, i mean ultimately i just had to stop because there was never going to be a time where i had talked to everybody. lou: you are pursuing one of the toughest explanations, that is how those men can be caught ate that outpost and be the target to be outnumbered so outrageously and incapable of being protected. this is how it started. how is in hospi in the hospitaly newborn son, jack. he was a day-old, out of the corner of my eye i saw the story about the outpost and never heard of combat outpost. coverage along the lines of what would anybody put outpost there? it became a mystery that i needed to s
on the war but doing so as we do in washington from the comfort of the north lawn reporting on the pentagon and the white house and the troops upsurge numbers and how this became a project that's really became attached to. lou: you focus on this particular battle, you talk with nearly 225 individuals. how long did that take? >> they range from generals, private, widows, couple insurgents, one of whom i interviewed by skype. it was a big project that every time i thought i wasev done, tak...
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Dec 23, 2012
12/12
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MSNBCW
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as yet, president obama has made no nomination for secretary of defense to replace the pentagon chief, leon panetta. the short list is very short indeed, chuck hagel. the senator from nebraska. he's the front-runner to succeed panetta. at least conservatives are treating him that way and using the tactics they used against susan rice and on one detail, israel. he once warned of the intimidating influence of the jewish lobby and said this in a 2006 interview while in office. >> i'm a united states senator, not an israeli senator. i'm a united states senator. i support israel, but my first interest is i take an oath to the united states, not to a president, not a a party not to israel. >> i'm confused about what is controversial about that. hagel is criticized for a remark he made about an ambassador candidate he made in 1998 when he said james hormel was openly gay. hormel said he accepted the apology. chuck hagel hasn't been selected yet. given what happened to ambassador rice, the question becomes will the president get the cabinet he wants or settle for the cabinet he can get confir
as yet, president obama has made no nomination for secretary of defense to replace the pentagon chief, leon panetta. the short list is very short indeed, chuck hagel. the senator from nebraska. he's the front-runner to succeed panetta. at least conservatives are treating him that way and using the tactics they used against susan rice and on one detail, israel. he once warned of the intimidating influence of the jewish lobby and said this in a 2006 interview while in office. >> i'm a...
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Dec 28, 2012
12/12
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CSPAN
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host: what is on the table for the pentagon? guest: everything can be cut, but the president has the power to exempt military personnel, and he has indicated that he would do that. everything else is basically on the table. weapons systems, operations maintenance accounts, protected service member salary, all of those services are part of the great man's budget. host: what about procurement? caller: things that they buy. -- guest: things that they buy. and again, all of those programs, like the 30 -- like a fighter jet, that is on the table as well. host: military construction, what is that? guest of the money that the military spends to build the bases and various other facilities. host: testing and evaluation, is that big money? guest: it can be. before weapons systems are built there is a whole research and development fund. host: let's talk about what is not on the table. >> we will take you back to the white house where president obama will speak shortly. he is scheduled to speak at 5:45 p.m. eastern about the earlier meeti
host: what is on the table for the pentagon? guest: everything can be cut, but the president has the power to exempt military personnel, and he has indicated that he would do that. everything else is basically on the table. weapons systems, operations maintenance accounts, protected service member salary, all of those services are part of the great man's budget. host: what about procurement? caller: things that they buy. -- guest: things that they buy. and again, all of those programs, like the...
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Dec 28, 2012
12/12
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FBC
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tom: breaking news for you, we have to get in pentagon co confirming retired general normanorman has died he was 78. tom: marta decker burgs family is confused by the privacy policy. his sister who is also the marketing director posted this photo on her face but page and she thought only she and her friends could see it.
tom: breaking news for you, we have to get in pentagon co confirming retired general normanorman has died he was 78. tom: marta decker burgs family is confused by the privacy policy. his sister who is also the marketing director posted this photo on her face but page and she thought only she and her friends could see it.
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Dec 28, 2012
12/12
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tom: breaking news for you, we have to get in pentagon co confirming retired general normanorman has died he was 7 pizza hut's $10 any pizza deal is back. any pizza, toppings, sizes. ...ten bucks. the meat lover's pizza. ...ten bucks. delivery, dine in or carry. ...out of this world pizza. pizza hut's $10 any pizza deal is back. now, that's how you make it great. to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just got "blacked out." [ brother ] but it's t family party! really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually use! how ilminating. what's in your wallet? let me guess, am on the naughty list again? ho ho ho! tom: marta decker burgs family is confused by the privacy policy. his sister who is also the marketing director posted this photo on her face but page and she thought only she and her friends could see it.
tom: breaking news for you, we have to get in pentagon co confirming retired general normanorman has died he was 7 pizza hut's $10 any pizza deal is back. any pizza, toppings, sizes. ...ten bucks. the meat lover's pizza. ...ten bucks. delivery, dine in or carry. ...out of this world pizza. pizza hut's $10 any pizza deal is back. now, that's how you make it great. to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just got...
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Dec 23, 2012
12/12
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CNNW
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ample cooperation of kathryn bigelow and other administration, received from the white house and the pentagon, documented in the e-mails that have come out, do you think that maybe unmaliced the film a little bit or compromised the independence. >> the obama administration comes off, if anything, poorly with this. the one scene with the president his view on torture comes off prissy and only appears in the cameo in the background in a "60 minutes" interview. >> you have written there's a theory that screen writer fell in love with his cia sources and embraced their perspective wholeheartedly. explain. >> well, i mean from what i gather, i think that's true. and in a peculiar way, this is sort of a feminist movie in that he put a lot of their feelings into the character of this woman who actually, whose role in the story is to drive the men to be more decisive, to be, if you will, more macho, take a chance, take risks, take this sfrmg.o.b down and not do this probability stuff. >> i'm going to make a prediction, this film is going to do very well given the avalanche of publicity even before it
ample cooperation of kathryn bigelow and other administration, received from the white house and the pentagon, documented in the e-mails that have come out, do you think that maybe unmaliced the film a little bit or compromised the independence. >> the obama administration comes off, if anything, poorly with this. the one scene with the president his view on torture comes off prissy and only appears in the cameo in the background in a "60 minutes" interview. >> you have...
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114
Dec 23, 2012
12/12
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CSPAN
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we are working with the pentagon to send additional marines. we are aligning our resources toward budget requests to address physical vulnerabilities. let me add that we might need your help in ensuring that we have the authority to streamline the usual processes that produce aster results. we are seeking to hire more than 150 additional diplomatic security personnel. that is an increase of about 5%. the recommendation is that we will target them squarely in high threat posts. i want to second the praise for these security professionals. i have served in this department for two years having come to the private sector. i have traveled to places like iraq and afghanistan. i have seen firsthand how these dedicated men and women risk their lives every day. we owe them gratitude as they go to work every day. we are updating our procedures to increase a number of experienced and well-trained staff serving at those posts. we are working to make sure that the state department makes decisions about where people operate and where they share responsibilit
we are working with the pentagon to send additional marines. we are aligning our resources toward budget requests to address physical vulnerabilities. let me add that we might need your help in ensuring that we have the authority to streamline the usual processes that produce aster results. we are seeking to hire more than 150 additional diplomatic security personnel. that is an increase of about 5%. the recommendation is that we will target them squarely in high threat posts. i want to second...
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103
Dec 29, 2012
12/12
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CNNW
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. >> this happened to military families a stone's throw away from the pentagon. if it could happen here, it could happen anywhere. >> reporter: this military wife and other of two doesn't want her face shown. cnn has also agreed not to show her children's faces or identify them by age. >> obviously, barbara, i am concerned about the privacy of my children. and then there's always the possibility of retaliation against my husband. >> reporter: it's every parent's nightmare. finding out her toddler was physically assaulted by child care workers at the ft. myer army day care center. the scandal grew to the point if the obama made an unprecedented phone call to army secretary john mac cue to express his concern. according to this fbi affidavit, this little boy and others were punched and slapped. one child was dragged across the floor. >> we thought, of all the different options, putting them in a child care facility during the day that was on a military base, that was pretty well-staffed, would be the safest, most secure environment for them. >> reporter: it all beg
. >> this happened to military families a stone's throw away from the pentagon. if it could happen here, it could happen anywhere. >> reporter: this military wife and other of two doesn't want her face shown. cnn has also agreed not to show her children's faces or identify them by age. >> obviously, barbara, i am concerned about the privacy of my children. and then there's always the possibility of retaliation against my husband. >> reporter: it's every parent's...
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Dec 29, 2012
12/12
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caller: it is like the pentelikon, back in 1968 i was even fighting with the pentagon over budgets. you always had to have everything kept the same. nobody was going to change anything because next year there were going to pop everything by 10%. they told you got to worry because you would get 10% more. that goes all the way back to 1968. they just keep dwelling on one thing over and over again. i would like to know from the boston globe or the herald is asking for pictures of -- host: let's move on to del on the line for democrats. caller: this is an outrage that they cannot tax the wealthy by an additional 4%. this is the lowest tax rates that have ever paid in the united states. considering that their incomes are vast compared to what they used to be many years ago when they paid a much higher rate, they are wealthy and they do not want to pay. 4% does not amount to enough to affect the deficit. maybe we ought to consider 15% or something like that. france passed a thing if you go over $1 million a year, your taxes are low on the first million. after that, they are taking 75% of
caller: it is like the pentelikon, back in 1968 i was even fighting with the pentagon over budgets. you always had to have everything kept the same. nobody was going to change anything because next year there were going to pop everything by 10%. they told you got to worry because you would get 10% more. that goes all the way back to 1968. they just keep dwelling on one thing over and over again. i would like to know from the boston globe or the herald is asking for pictures of -- host: let's...
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Dec 30, 2012
12/12
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you know the pentagon. could the president have avoided this through presidential leadership, the potential gut, as they claim, of the military? >> well, i think on the whole picture, both the president and speaker boehner have the best intentions of the united states economy at heart eye really believe that. they came within $500 billion, within the $2 picture 5 trillion debt reduction they wanted to have. they came that close and weren't able to pull it off. but now both parties have to not hold up a mirror to each other, but to themselves and say, how do we resolve it? the first step is the fiscal cliff. if we take $700 billion out of our economy over the next year, our gross domestic product will grind do a halt. we will have zero growth next year, which means a recession. what they have to do now, i know it's ridiculous, but over the next few dayings, get that down to about $100 to $200 billion. brad's spot on. we cannot afford these crazy cuts across the defense and domestic programs at this particula
you know the pentagon. could the president have avoided this through presidential leadership, the potential gut, as they claim, of the military? >> well, i think on the whole picture, both the president and speaker boehner have the best intentions of the united states economy at heart eye really believe that. they came within $500 billion, within the $2 picture 5 trillion debt reduction they wanted to have. they came that close and weren't able to pull it off. but now both parties have to...
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so we've got pentagon budget issues coming up. so there's some talk about him wanting to hang on and try to manage the budget issues that are going to hit the pentagon over the next few months. host: we're taking your calls with david jackson, the white house reporter for u.s.a. today. first up is doug from oklahoma on the democratic line. good morning. caller: good morning. i had a question about geithner. hadn't he said something earlier about wanting to leave? guest: that's correct. host: around the inauguration was the quote. host: how would you feel about geithner leaving? do you want him to go as a democrat? caller: that's a good question. no. no. guest: the caller is right. geithner has said publicly he wants to leave around the nomination. but with the uncertainty, i don't think the administration would want him to leave as long as these issues are hanging. so we get a fiscal cliff this deal and i think he's going to be gone by the end of the month but i think it's kind of up t in the air. host: says a contender for his jo
so we've got pentagon budget issues coming up. so there's some talk about him wanting to hang on and try to manage the budget issues that are going to hit the pentagon over the next few months. host: we're taking your calls with david jackson, the white house reporter for u.s.a. today. first up is doug from oklahoma on the democratic line. good morning. caller: good morning. i had a question about geithner. hadn't he said something earlier about wanting to leave? guest: that's correct. host:...
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. >>> the pentagon says the commanding officer of s.e.a.l. team 4 has died. joe w. price died saturday of what u.s. military officials are calling a non-combat related injury. they tell nbc news his death death is being investigated as a possible suicide. s.e.a.l. team 4 was part of a mission to train local afghan police to combat the taliban. >>> in the meantime, what's being called a possible insider attack, a civilian american advisor was killed by a woman wearing an afghan uniform. at least 53 international troops have been killed by afghan soldiers or police this year. >>> back here at home now, it is crunch time for holiday shoppers. many retailers have expanded hours and stepped up promotions to entice those who waited until the very last minute to finish their christmas list. nbc's francis coe has more. >> reporter: as santa finishes up his list and checks it twice before his big trin, most americans are headed out, too, to finish shopping for everyone on their list. >> just getting something for my grand mom, something for my mom. >> mom, dad, brothers, sis
. >>> the pentagon says the commanding officer of s.e.a.l. team 4 has died. joe w. price died saturday of what u.s. military officials are calling a non-combat related injury. they tell nbc news his death death is being investigated as a possible suicide. s.e.a.l. team 4 was part of a mission to train local afghan police to combat the taliban. >>> in the meantime, what's being called a possible insider attack, a civilian american advisor was killed by a woman wearing an afghan...
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the three rreasons -- first, the pentagon papers. even though he was very conservative, came from a montreal immigrant family, the first jewish editor. the sulzbergers were the world's most assimilated jews and they underreported the holocaust. they apologized for that. rosenthal -- pentagon papers -- does anyone know what else rosenthal did? rosenthal really changed the "times" to a much more dramatic, lively newspaper. when you take journalism class is, you were told about the who, what, where, when, how. the who was elevated by something called the new journalists -- dramatic in nature, quotes from people telling us the who, what people were about, what their motives were, letting them talk to reveal their psyche. rosenthal was a proponent of this. he brought liveliness and action and even narrative to "the new york times." -- 21is how it began t members of the panama cabinet. rosenthal changed that. he had a major effect on up the newspaper. because it was an iconic newspaper, it trickled down. in other words, the who had previou
the three rreasons -- first, the pentagon papers. even though he was very conservative, came from a montreal immigrant family, the first jewish editor. the sulzbergers were the world's most assimilated jews and they underreported the holocaust. they apologized for that. rosenthal -- pentagon papers -- does anyone know what else rosenthal did? rosenthal really changed the "times" to a much more dramatic, lively newspaper. when you take journalism class is, you were told about the who,...
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defense contractors, private companies that work for the pentagon. one democratic congressman in virginia whose district may be hit hardest says it could mean layoffs. >> the large defense contractors will be okay. they have significant cash reserves, most of them. smaller contractors would have trouble getting their lines of credit extended, trouble keeping their employees if they can't be assured of continued employment. >> how did we get to this point? in the budget battles of 2011 these spending cuts were put in as an unthinkable trigger to force lawmakers to find a way to cut spending. so far they haven't done it so here we are. >> to make a particularly unpalatable the white house insisted on a coming out of the department of defense budget which many conservatives think is much too harsh and the president's on secretary of defense's would allow the military. deliberately designed to be an aggressive cut on thh military budgets so it wouldn't happen and that is the possibility that it will. >> the only way to avoid these cats being implemented
defense contractors, private companies that work for the pentagon. one democratic congressman in virginia whose district may be hit hardest says it could mean layoffs. >> the large defense contractors will be okay. they have significant cash reserves, most of them. smaller contractors would have trouble getting their lines of credit extended, trouble keeping their employees if they can't be assured of continued employment. >> how did we get to this point? in the budget battles of...
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number three at the pentagon before she left many months ago. the white house may want to go with michelle flornoy by trying to nominate the first female secretary of defense. dana. >> that would be something, that's for sure. barbara, thank you very much. >>> ahead on "starting point" prince harry's turning point in afghanistan. new details of his latest missions unlike any he's been on before. >>> and from actor to senator? ben affleck may be considering a run for office. but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then. but now she wants my recipe [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste this soup. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. >>> welcome back to "starting point." some top stories. investo
number three at the pentagon before she left many months ago. the white house may want to go with michelle flornoy by trying to nominate the first female secretary of defense. dana. >> that would be something, that's for sure. barbara, thank you very much. >>> ahead on "starting point" prince harry's turning point in afghanistan. new details of his latest missions unlike any he's been on before. >>> and from actor to senator? ben affleck may be considering a...
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. >> did the pentagon have review? >> no, didn't have fop once i'm retired from active due any i don't have to submit it to the pentagon unless i use classified information. so i avoided using any classified information but a lot of stuff was declassified right after the war. a lot of stuff was a matter of public record. so i had a great deal of material. the best thing i had was this, any war i ever fought most of instructions were sent by message back and forth. so you have hard copy record of every decision made. because of where we are today most of the orders and instructions are seventh back and forth by secured telephone. it became apparent that we're not going have a record of the decisions made unless we have a record ourselves. any time i had a conversation i wrote down what i said and what is being said to me. i had someone in there who would write down every time i made a decision and he would log it into a private journal that we kept of every decision that was happening during the war. if it had not been
. >> did the pentagon have review? >> no, didn't have fop once i'm retired from active due any i don't have to submit it to the pentagon unless i use classified information. so i avoided using any classified information but a lot of stuff was declassified right after the war. a lot of stuff was a matter of public record. so i had a great deal of material. the best thing i had was this, any war i ever fought most of instructions were sent by message back and forth. so you have hard...
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the pentagon bearing the bridgeport of th -- brunt of te cuts. sunday expected to be a big day with negotiations reaching a key point with a possible vote on something by the senate. >>> soldiers in mexico discovered a smuggling tunnel heading straight toward our border. they steve an anonymous tip. it was behind a wall in a home equipped with lighting and vent lakes and stretched for 120-yards. longer than a football field. but it didn't pass the u.s. border. police believe smugglers were building the tunnel to bring drugs into arizona. i'm marianne rafferty. now, back to" the five ." for the latest headlines log on to fox news .com. ["sail away" playing]. >> that song just gave me chills. general norman sworts coff pass away at the age of 78 after complications of pneumonia. he was known as storming norman, in the u.s. coalition in desert storm. only 78 years old. like i said, he was called storming norman. but he liked to be called bear. good man. >> yeah. >> and a character. we don't have a lot of those. >> but this brings us to talking about
the pentagon bearing the bridgeport of th -- brunt of te cuts. sunday expected to be a big day with negotiations reaching a key point with a possible vote on something by the senate. >>> soldiers in mexico discovered a smuggling tunnel heading straight toward our border. they steve an anonymous tip. it was behind a wall in a home equipped with lighting and vent lakes and stretched for 120-yards. longer than a football field. but it didn't pass the u.s. border. police believe smugglers...
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the pentagon facing the deepest cuts, so called sequestration. some experts say it would harm national security. tomorrow a big day with negotiations reaching a key point with a possible vote on something by the senate. keep it here on fox for the latest. >>> no break for travelers. new storm system hitting the northeast now as much of the nation recovers from a winter storm from earlier this week. the new system bringing wind, snow, freezing temperatures, already causing flight delays and making driving hazardous. boston could see heavy snowfall tonight, one inch per hour. i'm harris faulkner. now, let's get you back to "the five." for all of the headlines when you want them, fox news .com. ["sail away" playing]. >> that song just gave me chills. general norman sworts coff pass away at the age of 78 after complications of pneumonia. he was known as storming norman, in the u.s. coalition in desert storm. only 78 years old. like i said, he was called storming norman. but he liked to be called bear. good man. >> yeah. >> and a character. we don't h
the pentagon facing the deepest cuts, so called sequestration. some experts say it would harm national security. tomorrow a big day with negotiations reaching a key point with a possible vote on something by the senate. keep it here on fox for the latest. >>> no break for travelers. new storm system hitting the northeast now as much of the nation recovers from a winter storm from earlier this week. the new system bringing wind, snow, freezing temperatures, already causing flight delays...
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there are lot of people in the republican party especially for upset with the cuts that would hit the pentagon. it may be difficult to rally republican votes if they cannot turn off the sequester. and the democratic side, the estate tax could be a problem. republicans are insisting that the estate tax stay at current .evels, which is exemp many democrats would like to see -- in january, it is scheduled to go up automaticalldramatically. most democrats want to see something in the middle. they are adamant that we cannot exempt states as large as $5 million. >> lori montgomery, do we expect anything going on today, and if not, when is the earliest the senators will come back and recession tomorrow? >> the senate is due back in at 1:00. the house is due in at 6:30. the house is the big question mark here. as for today, it is an excellent question. the senate is not in. the house is not in. my understanding is we're going to have basically everyone working quietly to see if we can reach an agreement co. i will be interesting to see if they give us any information today. >> lori montgomery of the "
there are lot of people in the republican party especially for upset with the cuts that would hit the pentagon. it may be difficult to rally republican votes if they cannot turn off the sequester. and the democratic side, the estate tax could be a problem. republicans are insisting that the estate tax stay at current .evels, which is exemp many democrats would like to see -- in january, it is scheduled to go up automaticalldramatically. most democrats want to see something in the middle. they...
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barbara starr at the pentagon. >>> it is the bottom of the hour. i'm hala gorani in washington, d.c. in for brooke baldwin today. this year definitely had its share of crime stories. some capturing international attention and outrage. others were filled with disturbing details almost too hard to believe. here is randi kaye with the top ten crime and punishment stories of 2012. >> the year turned out to be one full of some incredible stories, some unfolded and sparked international outrage and others as developed, the details were almost too hard to believe. crimes were committed and in some cases justice was handed down. but for some victims, they may never know what justice feels like. here is our top ten list of crime and punishment stories of 2012. >> a manhunt is under way for mcafee software founder john mcafee. >> the computer whiz and millionaire is wanted for questioning in the murder of an american ex-patriot in belize. >> nobody seems to know where he is. >> yes, this one was strange, and only got stranger after weeks went by and no one c
barbara starr at the pentagon. >>> it is the bottom of the hour. i'm hala gorani in washington, d.c. in for brooke baldwin today. this year definitely had its share of crime stories. some capturing international attention and outrage. others were filled with disturbing details almost too hard to believe. here is randi kaye with the top ten crime and punishment stories of 2012. >> the year turned out to be one full of some incredible stories, some unfolded and sparked...
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the three reasons are, first, the pentagon papers. even though he was actually conservative -- he came from a montreal immigrant jewish family, the first jewish editor. i talk about the jewish stop quite a bit in the book because the sulzbergerger's were the most this assimilated jews, under play the holocaust, and talk about that. rosenthal -- pentagon papers -- four sections. does anyone know what else he did? he really changed "the times" to a much more dramatic, lively newspaper. when you take a journalism class is, you were told about the who, what, where, when, and how. the who was elevated by something called the new journalism. dramatic in nature, quotes from people telling us the who, what people were about, letting us know their motives, letting them talk to reveal their psyche. rosenthal was a proponent of this, and he brought liveliness and action and even there if 2 "the new york times." that is why i kind of began with -- let's all fall asleep, 21 members of the panama cabinet. rosenthal changed that. he had a major affe
the three reasons are, first, the pentagon papers. even though he was actually conservative -- he came from a montreal immigrant jewish family, the first jewish editor. i talk about the jewish stop quite a bit in the book because the sulzbergerger's were the most this assimilated jews, under play the holocaust, and talk about that. rosenthal -- pentagon papers -- four sections. does anyone know what else he did? he really changed "the times" to a much more dramatic, lively newspaper....
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we'll go live to the pentagon after this. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive. call or click today. your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. i get congested. but now, with zyrtec-d®, i have the proven allergy relief of zyrtec®, plus a powerful decongestant. zyrtec-d® lets me breath freer, so i can love the air. [ male announcer ] zyrtec-d®. behind the pharmacy counter. no prescription needed. >>> we welcome you back. update to a developing story out of afghanistan the taliban claiming responsibility for a car bomb attack at a u.s. base and coast. three people were killed. police say a mini bus exploded during a security check at the gate of camp chapman the same base wh
we'll go live to the pentagon after this. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive. call or click today. your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [...
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we are also partnering with the pentagon to send 35 additional detachments of the marine security guards that's about 235 marines to the medium and high for outposts where they will serve as a visible deterrent to a hostile act. that is on top of the 150 detachments we already deployed. we are aligning resources in the 2013 budget request to address the physical form a devotees and reinforce the structures wherever needed to address the risk from fire. let me add we may need your help to ensure that we have the authority to streamline the usual process that produced faster results. we are seeking to hire more than 150 diplomatic security personnel and increased 5% to provide them with the equipment and training that they need. there is the arb recommended we will target them squarely at securing our - outposts. i want to second the praise for the professionals. i served in this department for only two years having come from the private sector. however, as i travel to places like iraq, afghanistan and pakistan i have seen firsthand how the dedicated men and women risk their lives. we all
we are also partnering with the pentagon to send 35 additional detachments of the marine security guards that's about 235 marines to the medium and high for outposts where they will serve as a visible deterrent to a hostile act. that is on top of the 150 detachments we already deployed. we are aligning resources in the 2013 budget request to address the physical form a devotees and reinforce the structures wherever needed to address the risk from fire. let me add we may need your help to ensure...
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let's get that from barbara starr at the pentagon. hey, barbara. what are we learning about this woman and this attack? >> reporter: well, victor, all we know so far really is what the afghans are saying. there was a press conference with senior afghan ministry spokesman and he held up a very interesting passport, he says the passport of this woman and it is iranian, that she is an iranian citizen who came to afghanistan and married an afghan man. he also said she had some fake identity documents, but this is certainly raising the prospect that the shooter was iranian. so far, however, no indication yet she's tied to the taliban, that she is officially tied to iran at this point, or to any terrorist groups. by all accounts she came to kabul, police headquarters had a weapon hidden under her clothing, removed it, said she was looking for someone to shoot and walked out behind this u.s. contractor. he's now been identified as 49-year-old joseph griffin of mansfield, georgia, working for dime corp. international, a major u.s. firm working in afghanist
let's get that from barbara starr at the pentagon. hey, barbara. what are we learning about this woman and this attack? >> reporter: well, victor, all we know so far really is what the afghans are saying. there was a press conference with senior afghan ministry spokesman and he held up a very interesting passport, he says the passport of this woman and it is iranian, that she is an iranian citizen who came to afghanistan and married an afghan man. he also said she had some fake identity...
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. >>> tributes from the pentagon, white house, and gulf war buddies after the passing of stormin general norman schwarzkopf. and teachers learning how to shoot in case a gunman walks into their classroom. the man offering lessons were free. "starting point" begins right now. friday, december 28th. and our starting point, the pace in's economy and your take home pay on the chopping block. four days remain before the u.s. goes over the edge. that means tax hikes and spending cuts that could trigger another recession. congressional leaders will meet today at 3:00 p.m. eastern time. the full house not even expected to return to work until sunday. here is the guest list for today's showdown. the president, vice president biden, senate majority leader harry reid and house minority leader nancy pelosi on the democratic side. house speaker john boehner, mitch mcconnell representing the republicans. brianna keilar live from washington. what do we expect to happen today? any new offers from the president or house speaker? >> we don't know. right now, all eyes on the senate to see what senate major
. >>> tributes from the pentagon, white house, and gulf war buddies after the passing of stormin general norman schwarzkopf. and teachers learning how to shoot in case a gunman walks into their classroom. the man offering lessons were free. "starting point" begins right now. friday, december 28th. and our starting point, the pace in's economy and your take home pay on the chopping block. four days remain before the u.s. goes over the edge. that means tax hikes and spending...
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. >> we'll bring in barbara starr at the pentagon. barbara, there's outrage from a lot of folks about this. the nra came out pretty strong about arming the schools. is there any kind of middle ground here from those who say, look, we want to stop gun violence, but there has to be a better way to protect the children? >> the nra didn't double down on what it wants, which is a focus on armed security personnel in schools. what other people say, suzanne, is, look, that's not a new idea. school districts have grappled with security for years, and some have gone this way. even in the 1999 terrible massacre at columbine high school in colorado, there was an armed security person on the school grounds at that time. it helped a little bit, but obviously, not able to stop what happened there. the people who want to see another way to go, many in congress are talking about a package of solutions. some new measures on gun control. some new measures on high-powered magazines. taking another look the at school safety. taking a look at how this cou
. >> we'll bring in barbara starr at the pentagon. barbara, there's outrage from a lot of folks about this. the nra came out pretty strong about arming the schools. is there any kind of middle ground here from those who say, look, we want to stop gun violence, but there has to be a better way to protect the children? >> the nra didn't double down on what it wants, which is a focus on armed security personnel in schools. what other people say, suzanne, is, look, that's not a new...
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the i've made different studies of coverups, pentagon, watergate, iran-contra. >> clayton: i've had the pleasure of meeting him over the years and usually a fair-minded person so for him to come out and say this in person, he may have some evidence to show it's credible and may keep pushing forward. a lot of people are not happy the way that benghazi unto folded, that we were caught flat-footed and even though there were military members. >> and specifically what he's referring to, having read the transcript, on thursday there was a senate foreign relations committee asking exactly the same questions they asked on the first day of the benghazi tragedy and that is the cia memo left the cia with the specific references to al-qaeda in it. by the time the memo was presented to susan rice and came out of her mouth on the sunday morning talk shows, those records as to al-qaeda had been spiked, who did that? even after the report, they don't know who sponged those references. once again on thursday, he says, come on, this is the question. >> and four individuals lost their jobs at the state de
the i've made different studies of coverups, pentagon, watergate, iran-contra. >> clayton: i've had the pleasure of meeting him over the years and usually a fair-minded person so for him to come out and say this in person, he may have some evidence to show it's credible and may keep pushing forward. a lot of people are not happy the way that benghazi unto folded, that we were caught flat-footed and even though there were military members. >> and specifically what he's referring to,...
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big spending cuts at the pentagon. and all the polls show that the republicans are going to be blamed for all of this. so obama -- as the one guy in this town that wants a deal more than anyone. on the other hand, he's probably the guy that purely political benefits the most after january 3rd satisfy in a stronger negotiating position. he'll also have, remember, a few more democrats in the house and in the senate. so the white house will be strengthened after this happens. but a lot of people in the white house and treasury department don't want that to happen because they think the markets may freak out. already the markets are reacting to the news within the last hour. yesterday the markets dipped a little bit on reid's comments in the senate. so they are worried about the economy. i think purely politically, obama will be strengthened once we go over. >> ryan lizza, thank very much. it's going to be an interesting couple of days. >> yeah, it sure is. >> thanks, ryan. >>> weapons of war on the streets of los angeles.
big spending cuts at the pentagon. and all the polls show that the republicans are going to be blamed for all of this. so obama -- as the one guy in this town that wants a deal more than anyone. on the other hand, he's probably the guy that purely political benefits the most after january 3rd satisfy in a stronger negotiating position. he'll also have, remember, a few more democrats in the house and in the senate. so the white house will be strengthened after this happens. but a lot of people...
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even the pentagon gets hacked into. businesses are going to need to have a product. we are rolling out a product to surveil web sites. very affordable where you actually can protect the business owner's web site and all their important data. by actually hacking into the site and showing the business what the vulnerabilities are. and doing it on a constant basis. it's an interesting product. cyber security is big. >> dave: you and i were talking in the commercial break about the cloud. think about freezing rain structure. disasters. we saw sandy and the hurricane and getting up in the cloud somewhere. >> it's essential. at the end of the day the days of having all your data stored in a tower under your desk or lawyers or accountants or districts having all their hippa information in a closet on site those days are gone. businesses are going to interest to keep it secure in military style off site and access it from a tablet. >> juliet: quite the world we live in. >> it's changing. >> juliet: are you ready for this? next on the run down a pizza delivery guy fights off
even the pentagon gets hacked into. businesses are going to need to have a product. we are rolling out a product to surveil web sites. very affordable where you actually can protect the business owner's web site and all their important data. by actually hacking into the site and showing the business what the vulnerabilities are. and doing it on a constant basis. it's an interesting product. cyber security is big. >> dave: you and i were talking in the commercial break about the cloud....
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barbara starr live at the pentagon. barba barbara, a great guy, but really great in front of the camera and able to use visuals of the first war to really explain to the american people what was going on. >> well, explain to the american people, and he also knew that saddam hussein and his iraqi generals were watching those press briefings. president obama today remembering norman schwarzkopf as an american original. a limited mission, get the iraqis out of kuwait, get the war done, go home. and he accomplish thad in des rt storm, commanding more than 700,000 coalition forces, more than 500,000 americans and an air and grown campaign that lasted barely 100 hours, and then it was done. his own chief, former president george h.w. bush, issuing a statement from his hospital bed in houston, saying "general norm schwarz cough, to me, epit to mized the duty, service, country creed that has defended our k e freedom and seen this nation through our most trying international crises, and more than that, he was a good and decent m
barbara starr live at the pentagon. barba barbara, a great guy, but really great in front of the camera and able to use visuals of the first war to really explain to the american people what was going on. >> well, explain to the american people, and he also knew that saddam hussein and his iraqi generals were watching those press briefings. president obama today remembering norman schwarzkopf as an american original. a limited mission, get the iraqis out of kuwait, get the war done, go...
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Dec 27, 2012
12/12
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when they go to washington, it is not a philanthropic act on the pentagon's part to instruct boeing to build. it is pragmatic. the united states federal government -- unless europe is dollarized, unless they do not have dollars to spend purchasing the net exports of those who have surpluses, then they will stop having surplus. this is the surplus recycling mechanism. thus, we have the 20 years of the golden age. the 1950's and the 1960's. a period of immense stability very low inflation. universal growth. we had other problems. the lease from the macroeconomic point of view, it was a golden age. why did it end? because the global surplus of recycling mechanism could no longer be sustained. why? because the united states stopped having a surplus by the end of the 1960's. how can you recycle surplus if you cannot have it. enter a young turk in 1971. well, paul volcker -- that name may ring a bell. in 1971, paul volcker was an unknown working for another american. henry kissinger, who you may have heard of. before he became secretary of state. he was still national security advisor. volck
when they go to washington, it is not a philanthropic act on the pentagon's part to instruct boeing to build. it is pragmatic. the united states federal government -- unless europe is dollarized, unless they do not have dollars to spend purchasing the net exports of those who have surpluses, then they will stop having surplus. this is the surplus recycling mechanism. thus, we have the 20 years of the golden age. the 1950's and the 1960's. a period of immense stability very low inflation....
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Dec 26, 2012
12/12
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. >> barbara starr at the pentagon, thank you for that. >>> lisa sylvester is monitoring some of the other top stories in "the situation room." >> well, egypt's new upper house of parliament convened today. they will have legislative powers until a lower house is elected. signed in to what you, the controversial charter was approved in two weekend rounds of voting but turnout was just 32%. critics say the constitution excludes minority rights. >>> and the recovery in the housing mar are ket remains on pace. home prices up 4.3% in october over last year. that is the biggest percentage increase and n. more than two years. near record low mortgage rates and fewer foreclosures are pepping spur saleses which is boosting prices. >>> and the world's longest high speed rail line is up and running in china. the 1428 mile line spans more than half of the country linking the capital of beijing to the southern chinese boom city. trains will run at 186 miles an hour on average and china aims to have more than 74,000 miles of high speed rail line by the year 2020. >>> and civil rights icon nelson
. >> barbara starr at the pentagon, thank you for that. >>> lisa sylvester is monitoring some of the other top stories in "the situation room." >> well, egypt's new upper house of parliament convened today. they will have legislative powers until a lower house is elected. signed in to what you, the controversial charter was approved in two weekend rounds of voting but turnout was just 32%. critics say the constitution excludes minority rights. >>> and the...